Taiwan Semiconductor Manufacturing Co. (TSMC) reported record monthly revenue of $16.35 billion for August, a 53.3% increase from the previous year and a 10.1% rise from July. The surge is driven by robust demand for chips used in artificial intelligence applications, keeping TSMC's advanced manufacturing capacity fully booked. TSMC continues to dominate the global foundry market with a 72.5% share and plans to adopt next-generation chipmaking technology with ASML starting in 2030 to meet growing AI needs. This strong performance highlights TSMC's critical role in the AI-driven semiconductor industry and its growth prospects.
The Direxion Daily Semiconductor Bear 3X ETF (SOXS) is considered unsuitable for long-term holding due to volatility drag, recommended only for tactical hedging. A recent semiconductor selloff has made stocks in the SOXX ETF more attractive, with an ...
Taiwan Semiconductor Manufacturing Company (TSMC) is projected to gain nearly 27% upside with a price target of $515.81, driven by strong demand from Nvidia and other chipmakers. Despite a recent price pullback, TSMC reported better-than-expected Q3 ...
Intel demonstrated progress with its 18A transistors and growing Xeon server CPU demand, driving strong data center revenue. However, Intel's foundry business still faces losses and lower margins compared to TSMC, which maintains high profitability d...
TSMC reported October revenue of NT$586.89 billion ($17.88 billion), up 59.7% from a year earlier and 14.7% from the previous month, driven by strong demand for advanced semiconductors amid AI investments. The company posted a record Q3 net profit an...
Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly exploring entry into advanced memory production, specifically vertically stacked 3D DRAM, following a request from its major customer NVIDIA. This move targets the highly profitable AI s...
